ITALY - Members of Pegaso, the pension fund for employees in public utility services, can now choose between three investment strategies with different risk profiles - conservative, balanced and dynamic.
The conservative strand constitutes a 90% allocation to bonds and 10% to equities, the balanced strategy will be made up of 70% bonds and 30% equities while the dynamic one will have a 50/50 equity/bond...
CHINA - The head of the IMF pleaded with China to support the eurozone as she warned the global economy is heading for a "lost decade".
ITALY - BNL/BNP Paribas Employees' Pension Fund has hired State Street Global Advisors to run an €82m ($113m) custom fixed income mandate while the Cariplo Pension Fund renewed a European equity mandate worth $71m.
ITALY - State Street has strengthened its European presence with the opening of two new offices in Milan and Turin, Italy. The move is part of the company's successful integration efforts with Intesa Sanpaolo (ISP) which has a presence in both Italy and...
Raquel Pichardo-Allison reports on a new wave of activism starting to swell in Italy
ITALY - Mercer has strengthened its management team in Italy with four internal appointments.